Federation Rallies CDFIs In Support Of Fund

ALBANY, N.Y. - Nearly 80 community-based lenders, bankers, advocates, regulators and legislators gathered for the first-ever New York Coalition of Community Development Financial Institutions (CDFIs) Statewide Conference, organized by the National Federation of Community Development CUs.

The New York Coalition of CDFIs is led by a steering committee of CDFI practitioners representing all sectors of the CDFI movement and geographies in New York.  The current steering committee includes Leni Hochman, CFO of Alternatives FCU (Ithaca, NY); Bob Radliff, CEO of the Capital District Community Loan Fund (Albany, NY); Gina Bolden-Rivera and Greg Gamble from Carver Community Development Corporation (New York, NY); David Raynor, Executive Director of the Leviticus 25:23 Alternative Loan Fund (Elmhurst, NY); Justine Zinkin, CEO of Neighborhood Trust FCU (New York, NY); Kristin Giantris, Northeast Vice President of the Non-profit Finance Fund (New York, NY); and Dana Brunett and Hubert Van Tol from Rural Opportunities, Inc. (Rochester, NY).

The Federation event was sponsored by Capital One Bank and HSBC Bank, USA, with additional support from Deutsche Bank and JP Morgan Chase Bank. The program also received foundation support from the F.B. Heron Foundation and New York Community Trust.

Participants from all corners of the state came to highlight the important work of CDFIs and to voice their support for the New York State CDFI Fund, a recently expanded program administered by the Empire State Development Corporation (ESD) that will support the full range of activities in which CDFIs engage. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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